A trail mix company has 200 pounds of peanuts and 150 pounds of raisins. A batch of house mix takes 20 pounds of peanuts and 10 pounds of raisins. A batch of fancy mix takes 10 pounds of peanuts and 15 pounds of raisins. Profit from a batch of house mix is $50 and from a batch of fancy mix is $60. How much of each type should be made to maximize profits? What is the maximum profit?
A trail mix company has 200 pounds of peanuts and 150 pounds of raisins. A batch of house mix takes 20 pounds of peanuts and 10 pounds of raisins. A batch of fancy mix takes 10 pounds of peanuts and 15 pounds of raisins. Profit from a batch of house mix is $50 and from a batch of fancy mix is $60. How much of each type should be made to maximize profits? What is the maximum profit?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter3: Introduction To Optimization Modeling
Section: Chapter Questions
Problem 50P
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A trail mix company has 200 pounds of peanuts and 150 pounds of raisins. A batch of house mix takes 20 pounds of peanuts and 10 pounds of raisins. A batch of fancy mix takes 10 pounds of peanuts and 15 pounds of raisins. Profit from a batch of house mix is $50 and from a batch of fancy mix is $60. How much of each type should be made to maximize profits? What is the maximum profit?
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